fha mortgage loans, local mortgage broker, midwest family lending

(515) 252-7107

APPLY NOW!

Mortgage Industry News

« Return to Mortgage Industry News

Freddie Mac Reminds Disaster Victims: Mortgage Relief is Available

Thursday, August 27, 2020

While the Gulf Coast escaped the threat of two simultaneous hurricane hits, the remaining storm, Hurricane Laura, looks like an historically dangerous one. It, and the wildfires ravaging California, has prompted Freddie Mac to restate its disaster relief policies. Homeowners can request forbearance of their mortgage payments if they are affected by a presidentially- declared Major Disaster and live in an area where individual assistance programs are available. Those areas will be posted on the FEMA website. Forbearance is available for up to 12 months. Homeowners affected by the disasters who are already in a COVID-19 related forbearance plan and any who are newly in need of assistance should contact their servicers as soon as possible.  

 

Read Full Article

Testimonial

"I just wanted to take the time to write and let you know what a miracle worker you are. I never thought in a million years I would get approved to purchase a home but you did it and what a tough job you had. You came through for me and never gave up and I wanted you to know that I am truly grateful. Now I have a place that I can call my own for my daughter and me. Kim, I tell everyone I talk to if they are looking to refinance or purchase a home to call you and you'll get the job done. Thank you so much."
Kyle